LP Advisory

The perfect way to close out 2024 with the purchase of this beautiful home 🏡 #purchased #buyeragent #realestate Alana Prideaux Lou Lihari

Best Christmas Gift 🎁🎄 #purchased #buyeragent #realestate #property Lou Lihari Alana Prideaux

Thrilled to announce the successful acquisition of this stunning 3-bedroom home at a highly competitive auction! 🏡 A fantastic investment opportunity for our clients ✨ Lou Lihari Alana Prideaux #buyeragent #investmentproperty #realestate

The cash rate will remain at 4.35% for all of 2024, after the Reserve Bank of Australia (RBA) board left it unchanged at its final monetary policy meeting of the year. While a rate cut would have stimulated the weak economy, it would also have risked reigniting inflation – and inflation is the RBA’s key concern. “Measures of underlying inflation are around 3.5%, which is still some way from the 2.5% midpoint of the inflation target,” the board said in a statement announcing its decision. “The most recent forecasts published in the November Statement on Monetary Policy do not see inflation returning sustainably to the midpoint of the target until 2026. The board is gaining some confidence that inflationary pressures are declining in line with these recent forecasts, but risks remain.” The board also emphasised that it was “resolute in its determination to return inflation to target” and would “do what is necessary to achieve that outcome” – even if that meant leaving rates higher for longer. #property #realestate #homeloans #buyeragent Lou Lihari Alana Prideaux

Property buyers have a new housing scheme to help them enter the market, after the federal parliament approved the Help to Buy scheme. Under Help to Buy, eligible buyers will be able to ask the government to make an equity contribution (i.e. take an ownership stake) of up to 30% if they're purchasing an existing home and 40% for a new home. Also, buyers will need to provide a deposit of only 2% and will not need to pay lender's mortgage insurance. As a result, participants – who can be first home buyers or previous purchasers who no longer own a property – will be able to enter the market well ahead of schedule. Various eligibility requirements apply. One of them is that your annual income must be less than $90,000 if you're buying alone or a combined $120,000 if you're buying with someone else. Data from the most recent Census, in 2021, found that about 80% of workers earned less than $1,731 per week or $90,000 per year (see graph). #economy #jobs #homeloans #realestate #buyeragent Lou Lihari Alana Prideaux

Auction Success for our First Home Buyers 🎉 #BuyerAgent #RealEstate #Auction Lou Lihari Alana Prideaux

Dreaming of your perfect home? 🏡 Hear from those who’ve trusted us to make it happen! #BuyerAgent #FirstHome #HouseHunting #RealEstate #Melbourne Lou Lihari Alana Prideaux

Congratulations to our new home owners 🎉 #BuyerAgent #Purchased #HouseHunting #RealEstate Lou Lihari Alana Prideaux

New listings hit decade-high in October! October saw the highest volume of new capital city listings in over a decade, according to the PropTrack Listings Report for October 2024. Nationwide, new listings jumped 20.9% for the month and were up 14% compared to the same time last year. Capital cities led the charge, with new listings jumping 23.2% month-on-month and 15.2% year-on-year, compared to regional markets’ increases of 17% and 11.9%, respectively. Every capital city saw a monthly uptick in new listings, with Melbourne and Canberra setting new October records, after new listings rose 33% and 31.6% from September. Perth and Hobart saw monthly spikes of 30%, while Perth, Canberra, and Brisbane recorded the largest year-on-year increases. PropTrack director of economic research Cameron Kusher said strong recent price growth and high interest rates have pushed more properties onto the market. “Heightened levels of stock for sale affords buyers more choice and removed some purchasing urgency from the market from the market,” he said. “We’re seeing a more balanced dynamic between buyers and sellers than we have in recent years, with conditions quite favourable for purchasers in cities like Sydney and Melbourne.” #BuyerAgent #property #realestate #homeloans Lou Lihari Alana Prideaux

I’m thrilled to share that I’ve been named a finalist for the REB Awards 2025 Operations Manager of the Year! 🎉 As we celebrate our first 12 months in business, I can’t help but feel so proud of how far we’ve come. From starting with a vision to creating a business that embodies our values, it’s been an incredible journey of growth, hard work, and so much fulfillment. ❤️ This year has been a whirlwind—busy, rewarding, and filled with milestones. I’m beyond grateful for the amazing team, clients, and industry partners who have been part of this journey. With big plans already in motion, I have no doubt that Year 2 will be even more exciting! Thank you to everyone who has supported us so far—here’s to building something even greater together. 🙌✨ #REBawards2025 #BuyerAgent #RealEstate Alana Prideaux Lou Lihari